What was once on top of the Wall Street foodchain is slipping into the dark abyss. Lehman Brothers Holdings Inc. has filed Chapter 11 bankruptcy on September 15. The filing, which lists assets of $639 billion and $613 billion in debt (ouch), names Harvey R. Miller and Shai Waisman of New York’s Weil, Gotshal & Manges as Lehman’s lawyers and only eight other lawyers so far for creditors and other parties.

In the end, the bankruptcy is likely to encompass upwards of 100 lawyers on the Lehman side and roughly thousands for the creditors, stated Evan Flaschen, a partner in the Hartford, Conn., office of Bracewell & Giuliani. In fact, Bankruptcy lawyers are already fielding calls from potential claimants to the stock brokerage firm’s assets.

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